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today secretary of defense leon panetta notified congress of the pentagon's plan to furlough 700,000 civilian employees, who, beginning in april, will be required to take one day off per week. in essence, a 20% pay cut. as for the current political geist, this seems to be more about political positioning rather than prevention. this afternoon, the president will sit down with local tv anchors to explain the adverse effects of the coming cuts. meanwhile, speaker john boehner is out with an op-ed in today's "wall street journal" entitled "the president is reigning against a budget crisis he created." the same budget crisis speaker boehner and 173 of his house republicans voted for back in 2011. as a reminder, this is how he described the deal at the time. >> you know, i got 98% of what i wanted. i'm pretty happy. >> what is making speaker boehner unhappy with the present situation? quote, no one should be talking about raising taxes when the government is still paying people to play video games, giving folks free cell phones, and buying $47,000 gre cigarette-smoking machines. joining m
today secretary of defense leon panetta notified congress of the pentagon's plan to furlough 700,000 civilian employees, who, beginning in april, will be required to take one day off per week. in essence, a 20% pay cut. as for the current political geist, this seems to be more about political positioning rather than prevention. this afternoon, the president will sit down with local tv anchors to explain the adverse effects of the coming cuts. meanwhile, speaker john boehner is out with an op-ed...
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nine days to go and with no budget deal, the pentagon announces upcoming furloughs for 700,000 civilian employees. >>> as his first speech as secretary of state today, john kerry issued a warning about the budget impasse. >> the looming days of budget sequester that everyone actually wants to avoid, or most, we can't be strong in the world unless we are strong at home. my credibility as a diplomat working to help other countries create order is strongest when america at last puts its own fiscal house in order, and that has to be now. >>> mending fences. president obama calls marco rubio and lindsey graham to talk immigration reform as john mccain faces an angry town hall at home. >> i'd like to respond to any questions or comments or insults that you may have. >> believe me, that is only the beginning. wait until you see what happens next. >>> joe biden being biden. the vice president's frank advice to parents on self defense and gun control. >> if you want to protect yourself, get a double-barrel shotgun. you don't need an ar-15. it's harder to aim, it's harder to use, and, in fact, yo
nine days to go and with no budget deal, the pentagon announces upcoming furloughs for 700,000 civilian employees. >>> as his first speech as secretary of state today, john kerry issued a warning about the budget impasse. >> the looming days of budget sequester that everyone actually wants to avoid, or most, we can't be strong in the world unless we are strong at home. my credibility as a diplomat working to help other countries create order is strongest when america at last puts...
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. >> let me ask you about the sequester, chris cillizza, because the pentagon is suggesting there will be 700,000 civilian layoffs. real people are being effected now, but everyone expects this will kick in in nine days and then, i guess, the white house thinks they'll negotiate the continuing resolution and some sort of an agreement will occur magically before the end of march. republicans still say they won't buy into any taxes. so we haven't bridged any of these gaps. >> we haven't, andrea. look, i know the president came out and gave a statement yesterday sort of expressing his desire for a deal, but i think this is really about -- and republicans are doing this too -- about positioning for march 2nd and beyond. no one expects a congress, who isn't even here this week, they are taking the president's week off, fine with me if i had that week off. they are taking this week off. next week they are back. congress doesn't get big budget deals done in eight days' time, seven days' time. the political positioning to see who has the upper hand in the negotiations that, in theory, will go
. >> let me ask you about the sequester, chris cillizza, because the pentagon is suggesting there will be 700,000 civilian layoffs. real people are being effected now, but everyone expects this will kick in in nine days and then, i guess, the white house thinks they'll negotiate the continuing resolution and some sort of an agreement will occur magically before the end of march. republicans still say they won't buy into any taxes. so we haven't bridged any of these gaps. >> we...
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the pentagon announced tell it would absorb the blow. >> the defense department faces enormous budgetary uncertainty. >> economists warn that sequestration will hit the entire metro area, possibly more than any other region. department of agriculture employee charles says that it could impact meatpacking plants. >> we will have to be frugal. >> that means less tax revenue for jurisdictions. another impact? fewer riders and less revenue for metro. >> federal workers will have less disposable income. >> a new factor in the payroll tax increase, up $5.5 billion from reduce procurement spending, that is a whopping $13 billion out of the metro area economy. >> it has already crippled the economy in the sense that it has stopped moving. >> even non-government workers are worried. >> it could be bad news. >> and now congress is on break and president obama spent the weekend hanging out with tiger woods. however, there are a lot of people optimistic that the white house and congress will get down to business and come up with an agreement to avert sequestration san. reporting live, abc7 news. >>
the pentagon announced tell it would absorb the blow. >> the defense department faces enormous budgetary uncertainty. >> economists warn that sequestration will hit the entire metro area, possibly more than any other region. department of agriculture employee charles says that it could impact meatpacking plants. >> we will have to be frugal. >> that means less tax revenue for jurisdictions. another impact? fewer riders and less revenue for metro. >> federal workers...
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i think the pentagon would be the place to go for that. i can say that the president believes and agrees with the speaker of the house that the sequester should not become fact. it was never meant to become immplementmented policy because in part, the cuts to our defense are too severe and it would affect our national security. but the specifics would have to be addressed at the pentagon. thanks, everybody. ok, i'll take you question. >> there are tens of thousands of people who are middle-class workers, who work in corporate aviation. my question is, including several tens of thousands in kansas, washington, oklahoma, they are very worried about the president's comments about eliminating the tax exemption. in their world, every time it has been eliminated there have been layoffs and there has been thousands in kansas. since the president stay started mentioning this, these are middle-class workers. what would you say to them? >> i would say that makinging budgets and choices about deficit reduction always involves difficult choices. if th
i think the pentagon would be the place to go for that. i can say that the president believes and agrees with the speaker of the house that the sequester should not become fact. it was never meant to become immplementmented policy because in part, the cuts to our defense are too severe and it would affect our national security. but the specifics would have to be addressed at the pentagon. thanks, everybody. ok, i'll take you question. >> there are tens of thousands of people who are...
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failed leadership and in the middle of that red meat rhetoric, a warning from leon panetta that the pentagon is preparing for furloughs even as obama hammers republicans on the sequester, he's reaching out on immigration. he placed calls to marco rubio, and john mccain -- >> they are sticking their necks out on this issue. what is frustrating for them, which you saw expressed in some of the things rubio said and paul ryan has said in the last couple of days, if they are going to stick their necks outs, they want to feel they have a partner with the white house. >> joining me right now is democratic congressman eric shifz zer. let's dive in to bring everybody up to speed on where we stand with nine days out on the quester. interesting with the piece out by john boehner, carney has tweeted out, speaker boehner is rewriting history in the op-ed for getting he said i got 98% of what i wanted when he and 173 house rs voted for the sequester. are you surprised by the game of chicken being played in washington, d.c., especially when it comes to the amount of cuts that are coming on march 1st? >> i
failed leadership and in the middle of that red meat rhetoric, a warning from leon panetta that the pentagon is preparing for furloughs even as obama hammers republicans on the sequester, he's reaching out on immigration. he placed calls to marco rubio, and john mccain -- >> they are sticking their necks out on this issue. what is frustrating for them, which you saw expressed in some of the things rubio said and paul ryan has said in the last couple of days, if they are going to stick...
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our pentagon correspondent barbara starr is standing by with more on that story. what are they saying? >> well, you know, fredricka, we've been hearing for weeks about this fancy word around washington called sequester. what are we really talking about? layoffs at the pentagon, cutbacks in military spending, but it is the layoffs that are going to start if this budget cut problem is not solved, if congress cannot avert mandatory spending cuts. what the pentagon did is notify congress, are some 800,000 civilian workers are facing one day of furlough for the next 22 weeks. it is going to start hitting an awful lot of people right in the pocketbook. i want you to have a quick listen to one of the pentagon officials that explained some of the impact today. >> the effects of sequestration and the continuing resolution on our military personnel will be devastating. but on our civilians, it will be catastrophic. these critical members of our workforce, they work in our depots. they maintain and repair our tanks, our aircraft, our ships, they teach our kids. they care for
our pentagon correspondent barbara starr is standing by with more on that story. what are they saying? >> well, you know, fredricka, we've been hearing for weeks about this fancy word around washington called sequester. what are we really talking about? layoffs at the pentagon, cutbacks in military spending, but it is the layoffs that are going to start if this budget cut problem is not solved, if congress cannot avert mandatory spending cuts. what the pentagon did is notify congress, are...
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but how much discretion do they have at the pentagon, barbara? can they get rid of big ticket gun programs, weapons instead of furloughing these thousands of people, for example? >> they say they cannot do that, wolf. essentially, sequestration, that word again, means mandatory across the board budget cuts. everybody takes a hit. so they say they can't do that. >> the military will not furlough workers on bases around the world and there are at least 100 bases around the world. only bases in the united states can be furloughed. why is that? >> in many cases these foreign nonu.s. workers are paid by the local countries so there's no savings there. in other cases, they would have to renegotiate essentially employment agreements with that government. that opens up a can of worms. a lot of this is just set in stone, very little discretion about how to carry all of this out if it comes to that, wolf. >> $46 billion in defense department cuts, according to this forced budget plan cut. just for some perspective, the u.s. is going to spend $88 billion th
but how much discretion do they have at the pentagon, barbara? can they get rid of big ticket gun programs, weapons instead of furloughing these thousands of people, for example? >> they say they cannot do that, wolf. essentially, sequestration, that word again, means mandatory across the board budget cuts. everybody takes a hit. so they say they can't do that. >> the military will not furlough workers on bases around the world and there are at least 100 bases around the world. only...
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. >> we're getting word from the pentagon and they're putting out the threat of furloughs. leon panetta's still secretary of defense until they decide whether or not to confirm chuck hagel. charleston, military town, very much supported by the military. this could be where it stings, but what penalty do republicans -- you're a republican member of congress, what penalty is there to bay? >> apparently some of the big budget cutters who are republicans have started to quietly approach some of the cabinet secretaries. can you exempt my little project, my road rebuilding project from what's about to happen. and i think that's actually the leverage that is most effective for the president. look, the town halls and the tour, it's going to be important in those particular markets to put pressure on particular members of congress but in a million other districts that are going to be people who are going to start to see projects go by the wayside and these folks got an eye on the calendar. 2014 is not that far away and they don't want to explain about the project. >> where are gover
. >> we're getting word from the pentagon and they're putting out the threat of furloughs. leon panetta's still secretary of defense until they decide whether or not to confirm chuck hagel. charleston, military town, very much supported by the military. this could be where it stings, but what penalty do republicans -- you're a republican member of congress, what penalty is there to bay? >> apparently some of the big budget cutters who are republicans have started to quietly approach...
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today pentagon officials said the furloughs over among civilian defense employees will not kick in until late april, not in march. so the talk here about hubs of -- hundreds of thousands of jobs lost would happen over time but not immediately. the president yesterday talking about how people would lose child care, tens of thousands of parents searching for child care. that's not going to happen immediately. it would be over time. jay carney insists just the fear out there is hurting the economy and the point is not whether it's march 1 or march 10. >> what happens on march 1? , march 2? when you say -- the president said hundreds of thousands of jobs. there's not going fob hundreds of thousands the first week. >> no, but there will be job losses. >> quantify this, you're scaring the public that this is going to be happen. >> so the you don't see economic firms are scaring the public and the cbo. >> how do you back up that it's urgent and hundreds of thousands of -- >> i would love to rewind to the questions i get the day of the gdp figure came out for the fourth quarter. the questions we
today pentagon officials said the furloughs over among civilian defense employees will not kick in until late april, not in march. so the talk here about hubs of -- hundreds of thousands of jobs lost would happen over time but not immediately. the president yesterday talking about how people would lose child care, tens of thousands of parents searching for child care. that's not going to happen immediately. it would be over time. jay carney insists just the fear out there is hurting the economy...
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as late as september the pentagon was saying they were still trying to understand what the law was. in december they hadn't started. just a few weeks ago they start coming out now with all these dooms day scenarios. the reality is that the president could have stopped it. the house of representatives has passed not one, but two bills that would have stopped it. the senate has done nothing. martha, when the president talks about a balanced budget, most americans think what he means we balance the amount of money coming in with the amount of money coming out. martha: right. >> that is not what the president talks about with balance. martha: that is interesting, jay carney quoted alan simpson but the other thing he did not quote that alan simpson said, if this president does not get serious about deficit reduction, including taking on medicare and social security and reforming those entitlement programs, that he will have a failed presidency. do you think that is a message republicans have done a good job getting across? >> well, martha, i think that it is very difficult sometimes when
as late as september the pentagon was saying they were still trying to understand what the law was. in december they hadn't started. just a few weeks ago they start coming out now with all these dooms day scenarios. the reality is that the president could have stopped it. the house of representatives has passed not one, but two bills that would have stopped it. the senate has done nothing. martha, when the president talks about a balanced budget, most americans think what he means we balance...
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. >>> the pentagon today passed a plan to furlough 8,000 workers if the cuts take effect. it's shameful. and the president is fighting that. today, he gave interviews to 8 different tv shows around the country, demand gd the gop stop these spending cuts, and, instead, close loopholes for the rich. >> instead of us cutting education, mental health programs and a whole range of other things that are really important, we should be focused on programs that we know don't work, waste in government and some of these tax holes that, frankly, only benefit the well-off and the well connected. now i only need congress to act and they've got 9 days to do it. >> the president is fighting to stop these cuts. but as we said last night, if they do happen, you'll know who to thank. if your child loses the head start program, thank the republicans. if you have to pay more for your milk because of the food inspectors, thank the republicans. and if you're one of the hundreds of thousands of people who lose their jobs, remember to thank the republicans. joining me now is joy reed and jared sps
. >>> the pentagon today passed a plan to furlough 8,000 workers if the cuts take effect. it's shameful. and the president is fighting that. today, he gave interviews to 8 different tv shows around the country, demand gd the gop stop these spending cuts, and, instead, close loopholes for the rich. >> instead of us cutting education, mental health programs and a whole range of other things that are really important, we should be focused on programs that we know don't work, waste...
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eastern to talk about pentagon plans on c-span 2 at 1:00. gail is on the democrat line. what did you think of the secretary's speech? >> i thought that his speech was excellent. i am really grateful for the secretary and what he is doing. we live in an interdependent world and it is important that we give foreign policy rights. that also includes getting the budget right. that is the message around the world. if we want to be successful, we need to do this at home, we need to make sure that we are sending the message of who americans are out of the world. thank you so much, senator -- secretary carry, for what you're doing. >> john, independent line. >> i would like -- i like to the secretary's speech. it had ambition and scope. i wish him great success in the job. i do feel that he has to overcome a legacy of failure from hillary clinton in her years as secretary of state. >> what is the specific failure he has to overcome? caller: she tried a russian reset, which i do not think worked. they are now talking about pivoting into the south china sea and sticking a finger i
eastern to talk about pentagon plans on c-span 2 at 1:00. gail is on the democrat line. what did you think of the secretary's speech? >> i thought that his speech was excellent. i am really grateful for the secretary and what he is doing. we live in an interdependent world and it is important that we give foreign policy rights. that also includes getting the budget right. that is the message around the world. if we want to be successful, we need to do this at home, we need to make sure...
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those are very similar to the kind of tools you would need to hack into, let's say, the pentagon. >> reporter: and those fighting back say we can help. step one, avoid any message that looks suspicious. >> and that really comes from people who are not very careful about pass words, particularly pass words, e-mail pass words. >> reporter: so be careful because there are steps we can take to protect ourselves and our private data. in an ironic twist, the chinese hackers were found because in order to communicate with each other outside of the chinese firewall they had to logon to their facebook and twitter accounts where they were discovered. silicon valley technology at work to expose the hackers as well as to protect us from them. jessica? >> okay, thank you, scott. now one thing hackers could not disrupt is the steady march of google stock. shares reached a new peak today, $800 a share boosted by a rumor that google may soon open retail stores ala apple. california's largest public pension system is taking a stand on gun violence, withdrawing investments that make assault weapons an
those are very similar to the kind of tools you would need to hack into, let's say, the pentagon. >> reporter: and those fighting back say we can help. step one, avoid any message that looks suspicious. >> and that really comes from people who are not very careful about pass words, particularly pass words, e-mail pass words. >> reporter: so be careful because there are steps we can take to protect ourselves and our private data. in an ironic twist, the chinese hackers were...
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they're betting they'll blame the president for lost funding in federal programs and the pentagon over ten years, should the sequestration take place. house speaker john boehner said, quote, today the president advanced an argument republicans have been making for a year. his sequester is the wrong way to cut spending. senate majority leader mitch mcconnell insisted "more than three months after the november election, president obama still prefers campaign events to common sense, bipartisan action." and joining us now for more on this from washington, the former chief economist of the international monetary fund and bloomberg view columnist, simon johnson. he's the co-author of "white house burning: our national debt and why it matters to you," now out in paperback. simon, good to see you this morning. >> nice to be with you. >> simon, if you could help us through this over the next week or so, it doesn't look like there's a path to avoiding the sequestration if you listen to the two sides. so how damaging would this be? because we've heard a couple different versions of it that would
they're betting they'll blame the president for lost funding in federal programs and the pentagon over ten years, should the sequestration take place. house speaker john boehner said, quote, today the president advanced an argument republicans have been making for a year. his sequester is the wrong way to cut spending. senate majority leader mitch mcconnell insisted "more than three months after the november election, president obama still prefers campaign events to common sense,...
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do you accept the criticism that the pentagon should have been warning about these sooner? >> first, we started the slowdown in spending on january 10. a number of the measures that i mentioned went into effect shortly after that. significant efforts were made to slow down spending on more draconian actions later. i know that people felt we should have said more earlier. 15 months ago the secretary sent a letter to the u.s. congress saying that the effects of sequestration would be devastating. after that we testified in august and again in september, we listed every single major item we're talking about. we said that there would be cutbacks in readiness and a unit buys would go down with unit costs growing up. what we did not do was detailed budget planning. i do not regret that. if we did it 60 months ago, we would have been wrong. we would not know that congress would have changed the size and the date and we would not have incurred the tigre -- we would not have incurred the degradation route. we sounded the alarm in every way that we could. >> what kind of contract are
do you accept the criticism that the pentagon should have been warning about these sooner? >> first, we started the slowdown in spending on january 10. a number of the measures that i mentioned went into effect shortly after that. significant efforts were made to slow down spending on more draconian actions later. i know that people felt we should have said more earlier. 15 months ago the secretary sent a letter to the u.s. congress saying that the effects of sequestration would be...
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the pentagon just announced a news conference at 10:00 a.m. pacific to lay out how these automatic spending cuts will affect our spending. there are about 170 federal civilian workers in california. most of them would be furloughed for up to 22 days. that's equivalent to a 20% pay cut over a six-month period. now, those furloughs would not kick in until april, even if sequestration takes effect next friday. businesses that work for the federal government would also cut back. >> that waiting and failing to spend now is what could lead to unemployment now and difficulties later. . >> reporter: we'll -- we'll take a look at what the long- term effects could be on -- on california -- next. >> thank you. >>> a group that supports same- sex marriage is launching a $is million -- is launching a $1 million campaign featuring clips of president obama, former first lady laura bush, colin powell and former vice president, dick cheney, all expressing support for same-sex marriage. the group says the goal of the tv ad is to show there is bipartisan support
the pentagon just announced a news conference at 10:00 a.m. pacific to lay out how these automatic spending cuts will affect our spending. there are about 170 federal civilian workers in california. most of them would be furloughed for up to 22 days. that's equivalent to a 20% pay cut over a six-month period. now, those furloughs would not kick in until april, even if sequestration takes effect next friday. businesses that work for the federal government would also cut back. >> that...